Blog

Back to Cash!

BlogJanuary 26, 2015

Bloomberg reports that the yield on more than $4 trilllion of sovereign debt has turned negative.  Investors are now paying the Swiss government to borrow...

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WaPo on Secession and the Mises Institute: What Really Matters Is the 2016 Election

BlogJanuary 26, 2015

The Washington Post reports on Houston's Mises Circle. Sort of. ...

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Nothing to Lose But Our Keynes

BlogJanuary 23, 2015

Mario Rizzo in WSJ on failure of government spending to generate growth in world economy.

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Falling Prices!

Are Falling Prices Undesirable?

BlogJanuary 22, 2015

Popular opinion seems to be that falling prices—or even stable prices—are bad for the economy, but I’ve never seen any good arguments about why....

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Whitewash

No Whitewash on Modern Macro

BlogJanuary 22, 2015

When L.H. White writes, people read! Larry White has just released a must read working paper on SSRN, "Hayek and Contemporary Macroeconomics"....

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Swiss National Bank

Swiss National Bank: Hero or Villain?

BlogJanuary 21, 2015

There has been much hand wringing among popular blogger-economists in response to the breaking of the Euro peg by the SNB.

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Bank of Canada Cuts the Interest Rate

BlogJanuary 21, 2015

According to CBC News, "The Bank of Canada shocked markets today by cutting its key overnight lending rate by a quarter of a percentage point, citing the economic threat posed by plunging oil prices."...

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Closed

So Long SoMa

BlogJanuary 21, 2015

Government intervention kills another small business

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Surprise, Surprise--Monetary Insiders Do not Like to Be Surprised by Central Bankers

BlogJanuary 20, 2015

Christine Lagarde, Managing Director of the IMF, revealed that it was a "a bit of a surprise" that she was not informed in advance of the Swiss National Bank's decision to dissolve the the inflationary peg with the euro....

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Allan Stevo on the SOTU: 10 Things Obama Should Announce Tonight

BlogJanuary 20, 2015

President Obama's acolytes have begun circulating the term "middle class economics" through the Sunday morning news programs and throughout the media. ...

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